the government is discussing the increase in the personal income tax rate to 15% for wealthy Russians. Reported by Forbes, citing a Federal official and a source in the state Duma. Information confirmed RBC a source close to the presidential administration.
According to RBC, no decision has yet been made.
Source Forbes reports that as the threshold of annual income that will be subject to a higher tax, maybe 2-3 million. Another source told the publication that discussed the option of non-taxable income tax income in the amount of subsistence minimum or higher.
According to Forbes, had earlier been prepared by “more than ten different options, a finished script is the administration of the President and the government, if necessary, it can be easy to get and apply”.
Meanwhile, the head of the chamber of Commerce and industry of Russia (CCI) Sergey Katyrin thinks that in support of business and citizens on the background of the economic crisis caused by the pandemic novel coronavirus infection, it is advisable to reduce the rates of insurance contributions for a number of small and medium enterprises and reduce the tax to incomes of physical persons (NDFL) from the current 13% to 6.5%.
In January, the Chairman of the accounts chamber of the Russian Federation Alexey Kudrin questioned the effectiveness of the abolition of income tax on incomes of physical persons (NDFL) to combat poverty in Russia.
Before the group of state Duma deputies initiated the exemption of tax on income of individuals, those whose income less than two minimum wages. Commenting on the initiative, the Minister suggested that instead of canceling the payment of personal income tax to assist the poor through subsidies.
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